Missouri legislation · 2025 Regular Session
Missouri HB552: Authorizes the "Missouri Disabled Veterans' Homestead Exemption" relating to a property tax exemption for certain veterans
Status: In committee, May 15, 2025
What the bill says
To amend chapter 137, RSMo, by adding thereto one new section relating to property tax exemptions for certain veterans. Section A. Chapter 137, RSMo, is amended by adding thereto one new section, to be known as section 137.109, to read as follows: 137.109. 1. This section shall be known and may be cited as the "Missouri Disabled Veterans Homestead Exemption". 2. As used in this section, the following terms (2) "Homestead", the same meaning given to such term under section 135.010; (3) "Qualified residence", real property used as a homestead, but less any portion of that property that is used f.
From the introduced text:
To amend chapter 137, RSMo, by adding thereto one new section relating to property tax exemptions for certain veterans. Section A. Chapter 137, RSMo, is amended by adding thereto one new section, to be known as section 137.109, to read as follows: 137.109. 1. This section shall be known and may be cited as the "Missouri Disabled Veterans Homestead Exemption". 2. As used in this section, the following terms (2) "Homestead", the same meaning given to such term under section 135.010; (3) "Qualified residence", real property used as a homestead, but less any portion of that property that is used for commercial purposes, with an equalized assessed value of less than $250,000 that is the primary residence of a veteran with a disability. When a veteran rents out property, or a portion of the property, to another person for more than six months it is presumed to be used for commercial purposes; (4) "Surviving spouse", the living spouse of a qualified deceased veteran. A qualified deceased veteran is a deceased veteran (b) Was killed in the line of duty at any time prior to the expiration of the application period in effect for the exemption for the tax year in which the exemption is sought; EXPLANATION -- Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted …
Sponsors
- (D, 021) · primary sponsor